Renzenbrink & Partner advises IK Partners on the sale of the Quanos Group to Keensight
21. December 2022Renzenbrink & Partner advised IK Small Cap II Funds (“IK”) on the conclusion of an agreement to sell its stake in the Quanos Group to Keensight Capital.
The Quanos Group, headquartered in Nuremberg, is the world’s leading provider of software for industrial aftersales and digital technical documentation. It employs around 270 people and has more than 1,000 customers worldwide who rely on Quanos software solutions. Quanos’ broad software product portfolio is primarily geared towards OEM manufacturers and operators. In this context, Quanos serves a broad customer base ranging from global champions to small and medium-sized enterprises.
Quanos recently launched its next-generation cloud platform (InfoTwin), which brings together the power of content and service solutions in one place. The integrated, modular software solutions allow customers a 360° view of their products in order to optimize service processes and efficiency, offer new service models and ultimately increase customer satisfaction.
IK invested in Quanos in November 2018. IK-led M&A activities have brought together three leading separate software companies to create a market-leading platform for intelligent information software and technology solutions. Renzenbrink & Partner advised IK on all of these transactions, i.e. from the entry into the Quanos Group in November 2018 to the further acquisitions in 2019 and 2020.
The Renzenbrink & Partner team consisted of partners Dr. Ulf Renzenbrink (Corporate/PE) and Marc H. Kotyrba (Tax/PE) as well as associates Dr. Alexander Haunschild (Corporate/PE) and Marie Eikmeier (Tax/PE).